regressive tax

(Newser) - Taxing soda is at best a stupid idea and at worst a cynical ploy by a money-grubbing government, writes Katherine Mangu-Ward for Reason. Here's why:

• Sin taxes don't work: "None of the nickel-and-dime proposals on the table is large enough to discourage soda drinking," Mangu-Ward writes. "And

...

(Newser) - New York state legislators today killed a plan that would have brought congestion pricing—higher fees at peak traffic hours—to parts of Manhattan, a major defeat for Mike Bloomberg, the Times reports. The mayor and a coalition of environmental groups backed the idea, but legislators from the city's outer...